Vietnam will promote the production and export of agricultural products
By: Date: 2022-07-19 Categories: Internationalfood Tags: ,

In the first half of this year, Vietnam’s rice export volume was about 3.52 million tons, an increase of 16.2%; The export volume was US $1.72 billion, a year-on-year increase of 4.6%. In terms of price, the price of rice is still low. The price of rice with 5%broken rice is $420 per ton, far lower than the price of $470 per ton in 2021. In terms of market, the stable demand in the Philippines, China, Africa and Cuba contributed to the export performance in the first six months of 2022. Rice exporters said that market demand is expected to remain good in the second half of this year.
In addition, in the first half of the year, the Ministry of agriculture and rural development issued nearly 200 rice varieties with preferential tariff quotas for export to Europe. Vietnamese passion fruit, durian and other fruits can also be exported to China. The output and export volume of some perennial cash crops have increased, such as pepper output of more than 280000 tons and export of 125000 tons; US $566million was sold, and the export volume increased by 14%.
The Ministry of agriculture and rural development said that the current epidemic is still complex, the conflict between Russia and Ukraine has pushed up logistics costs, the prices of gasoline, fertilizers and raw materials have risen, and the interruption of the supply chain has put pressure on agricultural planting. In the future, Vietnam will promote the production of raw materials; Through the application of technology and digital transformation to adjust the structure, improve quality and reduce production costs. Li Guoguo, Vice Minister of the Ministry of agriculture and rural development, pointed out that climate change has brought challenges to national production, and all regions should take the initiative to formulate specific production plans; At the same time, a working group should be established to urge production to proceed as planned; While improving quality, we should also reduce costs to improve competitiveness.